Nordic Electric A/S — Credit Rating and Financial Key Figures

Nordic Electric A/S (CVR number: 44717719) is a company from HEDENSTED. The company recorded a gross profit of 792.3 kDKK in 2024. The operating profit was 187.6 kDKK, while net earnings were 130.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 24.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nordic Electric A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.